Bitcoin (BTCUSDT) is currently approaching a major support zone between $76,000 and $80,000. The chart shows two possible scenarios:
If support holds, a rally to $90,000 or above is possible, continuing the overall long-term bullish trend.
If support breaks, a downward move is likely to retest the lower support zone before any major recovery move can begin.
The chart suggests that this area is crucial; the next major action depends on how the price reacts to this support zone.
DYOR | NFA
If support holds, a rally to $90,000 or above is possible, continuing the overall long-term bullish trend.
If support breaks, a downward move is likely to retest the lower support zone before any major recovery move can begin.
The chart suggests that this area is crucial; the next major action depends on how the price reacts to this support zone.
DYOR | NFA
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